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We consider the exercise of power in competitive markets for goods, labour and credit. We offer a definition of power and show that if contracts are incomplete it may be exercised either in Pareto-improving ways or to the disadvantage of those without power. Contrasting conceptions of power including bargaining power, market power, and consumer sovereignty are considered. Because the exercise of power may alter prices and other aspects of exchanges, abstracting from power may miss essential aspects of an economy. The political aspect of private exchanges challenges conventional ideas about the appropriate roles of market and political competition in ensuring the efficiency and accountability of economic decisions.

Women's empowerment is good for, among many other things, economic development, global health, and the advancement of human rights. Now research shows that it's also good for medal counts. A study in the Journal of Experimental Social Psychology, due out in early 2015, looks at the connection between gender equality and how well a country's athletes -- both male and female -- have fared in the Olympics. Equality in education was an especially good predictor of performance by a country's athletes. Adapted from the source document.

Women's empowerment is good for, among many other things, economic development, global health, and the advancement of human rights. Now research shows that it's also good for medal counts. A study in the Journal of Experimental Social Psychology, due out in early 2015, looks at the connection between gender equality and how well a country's athletes -- both male and female -- have fared in the Olympics. Equality in education was an especially good predictor of performance by a country's athletes. Adapted from the source document.

It has been argued that "knowledge is power." This short essay in two parts will review looking at ideas about power through the lens of Hannah Arendt, we hope to offer some thoughts about how actions and words inform the way power manifests. In particular, about the way that power in reproducing knowledge can be aided by design that shapes intentions in action , choosing either to assist democracy or to erode it --- Building on the revival of interest in Hannah Arendt, and on the increasing turn in design towards the expanded field of the social, this unique book uses insights and quotations drawn from Arendt's major writings (The Human Condition; The Origins of Totalitarianism, Men in Dark Times) to assemble a new kind of lexicon for politics, designing and acting today. Taking 56 terms – from Action, Beginnings and Creativity through Mortality, Natality, and Play to Superfluity, Technology and Violence – and inviting designers and scholars of design world-wide to contribute, Designing in Dark Times: An Arendtian Lexicon, offers up an extraordinary range of short essays that use moments and quotations from Arendt's thought as the starting points for reflection on how these terms can be conceived for contemporary design and political praxis.